German nuclear power plant will affect the housing market?
According to experts, the German government planned mass closure of nuclear power plants around the country, may significantly affect the local real estate markets in those cities whose population is working at the plant.
A good example is the situation with the expected closure of the nuclear power plant, located near the German town Nekarvesthaym (Neckarwestheim). At one time this plant (incidentally, one of the oldest in the country) contributed to the rapid development of the region.
In particular, the nuclear power plant employs 250 people Nekarvesthayma. In addition, it provides about 80% of the total collection of corporate tax.
In addition, only thanks to a solid tax levies in Nekarvesthayme created a powerful social infrastructure, which includes not only a modern sports complex, but also professional golf. And they, in turn, always attracted the attention of many visitors who come here to relax, why rent accommodation in the city.
If the plant will still be closed, Nekarvesthaym lose the opportunity to actively develop. Therefore, many city residents oppose the closure of the station.
Returning to the subject of residential real estate investments in Germany, it should be noted that now there is a new factor influencing the situation in this market segment - nuclear power plants. In addition, the closure of nuclear power plants not only will put new emphasis on the many local real estate markets, but also indirectly affect the housing market as a whole. After all, nuclear power plants will be closed due to the rising cost of electricity (most likely part of the energy will have to import from France), and it will also be taken into account when calculating the cost of the maintenance of a residential facility.
A good example is the situation with the expected closure of the nuclear power plant, located near the German town Nekarvesthaym (Neckarwestheim). At one time this plant (incidentally, one of the oldest in the country) contributed to the rapid development of the region.
In particular, the nuclear power plant employs 250 people Nekarvesthayma. In addition, it provides about 80% of the total collection of corporate tax.
In addition, only thanks to a solid tax levies in Nekarvesthayme created a powerful social infrastructure, which includes not only a modern sports complex, but also professional golf. And they, in turn, always attracted the attention of many visitors who come here to relax, why rent accommodation in the city.
If the plant will still be closed, Nekarvesthaym lose the opportunity to actively develop. Therefore, many city residents oppose the closure of the station.
Returning to the subject of residential real estate investments in Germany, it should be noted that now there is a new factor influencing the situation in this market segment - nuclear power plants. In addition, the closure of nuclear power plants not only will put new emphasis on the many local real estate markets, but also indirectly affect the housing market as a whole. After all, nuclear power plants will be closed due to the rising cost of electricity (most likely part of the energy will have to import from France), and it will also be taken into account when calculating the cost of the maintenance of a residential facility.
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